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Some unions now angry about health care overhaul
WASHINGTON (AP) -- When President Barack Obama pushed his health care overhaul plan through Congress, he counted labor unions among his strongest ...
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Britains FTSE steadies after worst day in a year
Fri May 24, 2013 4:02am EDT * FTSE 100 flat after Thursday's 2.1 pct slump * Investors jittery ahead of long weekend * Morgan Stanley downgrades Next on valuation By Toni Vorobyova LONDON, May 24 (Reuters) - Britain's leading shares steadied on Friday after their steepest fall in a year in the previous session, with central bankers offering some reassurance that stimulus will stay for a ...
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Police Suicidal jumpers fall kills SKorean girl
South Korea (AP) -- South Korean police say a suicidal man jumping to his death killed a 5-year-old girl by falling on her as she walked with her parents outside the apartment building. ...
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Eurozone crisis live Japan closes higher after wild day of trading
The Japanese market suffered another turbulent session after Thursday's dive - dropping as much as 3.5% in the afternoon - but stabilised to close 0.9% ...
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Draghi We Need More Not Less Europe
Mario Draghi, head of the European Central Bank (ECB) insisted that the euro zone was more stable than a year ago but that the region needed more integration - and the U.K should be a part of that. In his speech at a gala dinner in London's financial center on Thursday, Draghi told the audience that the ECB had prevented market "panic and...financial meltdown." "We can ...
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5 climbers missing on worlds 3rd highest mountain
KATMANDU, Nepal – A Nepalese official says five climbers are missing and feared dead on the world's third highest mountain. Bad weather on Mount Kanchenjunga was hampering a search and preventing a rescue helicopter from reaching the base camp. Mountaineering Department official Dipendra Poudel said Friday the climbers were descending from the summit when they were believed to have ...
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In Iowa GOPs Walker preps for presidential run
Scott Walker tried to introduce himself to Iowa Republicans Thursday as so many would-be presidential candidates often do -- one of their own. After all, ...
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Actress Bynes arrested in NYC on marijuana charge
apartment building on West 47th Street at about 7:40 p.m. Thursday. Police say a building official called police to complain that Bynes was smoking marijuana and rolling a joint in the building's lobby. The officers went to Bynes' apartment where they saw heavy smoke and a bong, which Bynes then threw out the window in front of the officers. Bynes was arrested on charges of reckless ...
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5.7-magnitude earthquake shakes Northern California
GREENVILLE (AP) — An earthquake that struck Northern California’s Plumas County with a preliminary magnitude of 5.7 was felt by residents of ...
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Sociedad aim to bounce back in Euro race
Real Sociedad will have to recover quickly from the news that their coach Philippe Montanier will leave to join Rennes at the end of the season as they face Real Madrid in a crucial match in their quest to claim the fourth and final UEFA Champions League place from La ...
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Euro zone more stable needs a more European UK
euro zone is more stable than a year ago but economic conditions remain challenging and governments must push on with reforms and banking union ...
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Euro Advances Versus Yen Before German Data as Stocks Rebound
May 24 (Bloomberg) -- The euro rose against the yen, paring a weekly decline, before German data that may show business confidence bottomed out after a two-month decline. Europe's currency was set for a weekly advance versus the dollar after a private report yesterday showed a gauge of the region's ...
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Researchers to be living on the moon NASA
View Photo Reuters/Reuters - The moon is pictured above Earth in this handout photo courtesy of Col. Chris Hadfield of the Canadian Space Agency. REUTERS/CSA/Col. Chris ...
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ECB cant solve euro zone crisis alone Weidmann
Bundesbank chief Jens Weidmann said on Thursday it was not up to the European Central Bank to solve the euro zone crisis, resisting pressure from other ECB policymakers for the bank to widen its range of policy tools. Speaking in Paris, Weidmann declined to comment on U.S. Federal Reserve chairman ...
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Once prominent swim coach gets 7 years for sex abuse
ROCKVILLE, Md. (AP) -- A once-prominent swimming coach who trained thousands of children was sentenced to seven years in prison Thursday for sexually abusing one of the girls he ...
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Woman 87 loses to billionaire Trump in civil case
View Photo Associated Press/M. Spencer Green, File - FILE - In this May 14, 2013 file photo, Donald Trump arrives at federal court in Chicago to testify at a civil trial where he is accused of cheating an ...
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Jodi Arias jury cannot decide on death penalty
View Photo Reuters/Reuters - Jodi Arias addresses the jury during the penalty phase of her murder trial at Maricopa County Superior Court in Phoenix, Arizona May 21, 2013. REUTERS/Rob Schumacher/Arizona ...
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New federal rules for meat labels take effect
U.S. will soon have more information about where their meat comes from after new federal labeling rules went into effect Thursday. The rules ...
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British police ponder conspiracy after soldier murder
LONDON (Reuters) - Police investigating the murder of a soldier hacked to death on a busy London street were looking on Friday into whether the two suspected killers, British men of Nigerian descent, were part of a wider conspiracy. The two suspects, aged 22 and 28, are under guard in hospitals after being shot and arrested by police following the murder of 25-year-old Afghan war veteran Lee ...
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Dollar euro slump versus yen on stock losses China data
The dollar was on track for its biggest daily drop in more than five weeks against the yen on Thursday after a sharp slide in Japanese stocks and weak Chinese factory activity data prompted a rush for the safe-haven Japanese currency. The yen also rallied versus the euro and other currencies, ...
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Volunteers rescue memories from Okla. tornado debris
Photos recovered from the debris after a tornado swept through Moore, Okla. (Jason Sickles/Yahoo News) MOORE, Okla. -- Some of the photos are crumpled. Others coated in crud. But what the monster tornado couldn't obliterate are the memories captured in the ...
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New York man held captive for a month in warehouse rescued by police
By Jonathan Allen NEW YORK (Reuters) - Police rescued a businessman from a New York City warehouse where he had been held captive for a month by kidnappers who demanded a $3 million ransom from his family in Ecuador, authorities said. Acting on a tip from the victim's mother, police ...
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Eurozone Recession Eases Markit Index
eurozone eased in May, a key economic indicator released Thursday showed. The London-based research group Markit said its closely watched Purchasing Managers Index for the region's manufacturing and service sectors rose to a three-month high of 47.7 points in May from 46.9 in April. The May index was higher than the 47.2 points forecast by analysts. However, a reading below 50 ...
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Get ready for a ‘extremely active’ hurricane season
A house leveled during superstorm Sandy in Fairfield, Conn. (Dylan Stableford/Yahoo News) A year after superstorm Sandy, residents along the Atlantic and Gulf coasts should prepare for "an extremely active" 2013 hurricane season, U.S. forecasters say. There will be between three and six major hurricanes this year with winds above 111 ...
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The Eurozones FTT plan is vicious unfair and counter-productive
Vicious, unfair and utterly counter-productive. These are the words that come to mind when I think about one of the latest Eurozone strokes of genius: the financial transaction tax (FTT). When I spoke at the Bloomberg #FXDebate event in London recently, I mentioned that we should all prepare for the expropriation of significant amounts of our wealth through confiscatory stealth taxes based on ...
Switzerland Featured
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Switzerland world's most competitive country
Switzerland is frequently pointed to as a model of good governance, prosperity, innovation and stability and is one of the happiest countries in the world. The recent competitive survey by the WEF underscored this, but came with a warning.
Switzerland truly is an impressive country, landlocked and small with no natural resources; it has developed into one of the richest countries in the world and was recently named the most competitive economy in the world. This is due in large part to its banking sector, which is one of the most advanced and its government structure, which is efficient in comparison to many other developed countries. Read more
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